A good breakdown of the how we got here, and what that will determine what happens next....
Bitcoin Lift Off! Trading Over $9000, a Year-Long High. The 5 Factors Fueling The Bull Run, What To Watch For Next...
I’ve gotten pretty annoyed with people who spent the last year making bold Bitcoin price predictions in the media, just to end up wrong every time. We can all name a couple of them who regularly appear on CNBC.
But exactly 1 month ago today, in my article covering the bull run that brought us from the 4000’s to 7000’s I made an exception, and explained why I think we may actually keep what we gained .
In a rare exception to my no predictions rule, I shared why I thought “a dip/correction may NOT be coming” explaining “…after over a year stuck in a cycle of losing any gains shortly after getting them — this may be the bull run where we end up keeping most of it. Because this time, we’re not wondering why it went up in the first place.”
My point isn’t to say ‘I was right’ — I bring this up to say my point still stands. Today we are seeing more real gains, and valid reasons for them…
Continues @
https://www.globalcryptopress.com/2019/06/bitcoin-lift-off-trading-over-9000-year.html